Investing in the stock market is a great way to invest your finances. However, there are things you'll want to know before you purchase or trade stocks. There is a lot of information available that can help you learn how to invest wisely on the stock market, and choose which stocks to purchase, when to buy, when to trade and when to sell.

Investing in stock market shares can help you earn your retirement fund, or add to it. When you decide to begin playing the stockmarket, there are several tasks you should take to ensure that you are protecting your investments wisely. You should research information on the stock market, stock market providers and purchasing stock market shares.

1. Do careful research on stock market information.

2. Research several stock market providers before choosing one.

3. Once you have done your research and find a stock market provider, purchase your stock market shares.

Action Steps
The best contacts and resources to help you get it done

Find stock market information

The first thing you should do when you decide to invest in the stock market is learn as much information about it as you can. Read about it, research different stocks on the Internet, talk to other investors and talk to brokers. Do as much research as you can before you decide what stocks to invest in and where to go to invest in them.

I recommend: Stock-Trak is an online simulation to help teach you how to trade on the stock market. MSN Money provides daily stock market updates, quotes and news.

Find a stock market provider

Once you have done your research, you'll want to find a stock market provider so you can start buying, trading and selling stocks. Find one that will work best for you. You can talk to other investors or brokers, or do some research online. Compare different companies before you choose the one you'll go with.

I recommend: E*Trade Financial allows you to open your account and choose your trading options in just minutes. TD Ameritrade provides tools and services to help you select your stocks, and offers research and support when you need it.

Purchase stock market shares

When you have signed up with a stock provider, you can start buying, selling and trading shares. You'll want to continue your research of the stock market, preferably on a daily basis, to determine what to buy, what to trade and what to sell, as well as when to buy, trade and sell.

I recommend: OptionsXpress allows you to purchase and trade stocks online. Sharebuilder lets you buy stocks for a minimal cost, has no minimum purchase requirement and offers automatic investing plans.

Tips & Tactics

Helpful advice for making the most of this Guide

• •  You may want to consider taking a stock market investing course to help you learn more about investing your money in stocks.